The Peatland Protocol (PP) represents an innovative standard and an advanced digital Monitoring, Reporting, and Verification (MRV) instrument specifically designed for peatland restoration both in the UK and on a global scale. This pioneering MRV system collects and amalgamates data from a diverse spectrum of sources, including satellites and terrestrial sources.
To determine the success rate of restoration projects led by developers, the PP utilizes state-of-the-art artificial intelligence techniques. This smart analysis allows for a more accurate assessment of the restoration endeavors. For the assurance of accuracy, speed, transparency, and immutability, the results are meticulously stored on a blockchain system, ensuring the data remains inviolable and verifiable.
The PP has been thoughtfully engineered while paying due regard to the Core Carbon Principles of the International Carbon Value Conservation and Management (ICVCM). These principles lay out a threshold standard crucial for preserving the integrity of the voluntary carbon market (VCM). This measure allows the PP to adhere strictly to these guiding principles, ensuring its actions align with the global push towards environmental sustainability and carbon neutrality.